![]() ![]() This was established through an effort to contest the high barrier of entry for crypto miners. Naturally, this allows transaction confirmations to be processed much faster for Litecoin. This as opposed to the 10 minutes it takes for Bitcoin blocks to be processed. And even though it hasn’t nearly kept up with Bitcoin in terms of value, it does bring some notable benefits to the table.įor starters, the Litecoin network processes blocks on the blockchain every 2.5 minutes. ![]() As such, it quickly earned a reputation as being the silver to Bitcoin’s gold. It was launched back in 2011 as a source code fork of the Bitcoin core client. Litecoin is one of the OCs (original cryptocurrencies). But this Litecoin price prediction could be a reason that changes. A lot of new altcoins have shown up recently that have put the gains of Litecoin (LTC) to shame. Litecoin seems to have fallen off the radar of a lot of crypto faithful of late. ![]()
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